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Birdwatch Note Rating

2024-06-20 18:08:23 UTC - NOT_HELPFUL

Rated by Participant: C323314C3595F5E8F3DF7966B440416A9932DA6AC09665E5B3836D601E2E5C27
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Original Note:

Debt forgiveness isn't "transferred to taxpayers" in a direct sense. It results in the federal government losing expected future revenue from loan repayments, not immediate tax hikes. Taxes would only increase if Congress passed new laws, which hasn't happened. https://www.verifythis.com/article/news/verify/student-loan/student-loan-forgiveness-debt-relief-taxes-biden-budget-cost-fact-check/536-88c7781d-7dfb-4e3e-8bba-dce6e1f3f656 https://factcheck.afp.com/doc.afp.com.32HA8TB

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Original Tweet

All Information

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